AP Exclusive: MLB plan saves big-spending teams $100M each

NEW YORK (AP) — The New York Yankees, Houston Astros and Los Angeles Dodgers would each save more than $100 million on player salaries as part of management’s proposal to start the coronavirus-delayed season than they would under the union's plan, according to an analysis by The Associated Press.

Top stars accustomed to eye-popping salaries that set them apart from mere All-Stars would experience by far the steepest cuts. Set to earn $36 million each, Mike Trout and Gerrit Cole would get $25.3 million under the union’s plan and a base of $5.6 million under the team’s proposal with the chance to get back to about $8 million if the postseason is played. A rookie at the minimum would get $396,537 from the union plan and $256,706 from the MLB proposal — not much more than the $222,222 per game Trout and Cole originally were slated to earn.

The Yankees project to pay $155 million to players under the union’s plan, according to the AP analysis based on frozen March 28 rosters, and spend $48 million on salary under management’s proposal. The Astros drop from $149 million to $46 million and the Dodgers from $147 million to $46 million.

Lower-spending teams save, too, but not nearly as much because their starting points are lower. Miami is at $33 million under the union’s plan and $16 million under MLB’s. Pittsburgh’s salaries would drop from $36 million to $17 million and Baltimore’s from $43 million to $18 million.

Players agreed on March 26 to accept prorated shares of their salaries during a shortened season, part of a deal that guaranteed $170 million in advances and service time even if the season is scrapped. More than 100 players gathered for a digital meeting Thursday and reaffirmed their stance against additional cuts.

A player with a $20 million salary, like St. Louis All-Star catcher Yadier...

source https://www.chron.com/sports/article/AP-Exclusive-MLB-plan-saves-big-spending-teams-15320889.php